Now theyre seeing much less and it looks to be coming in this year around 220k to 240k depending on the final few months and bookings.That being said, those numbers still work out really well. 

I did all the labor and will have to come up with my labor worth (Finalizing this number but its in this ballpark)$3,575 Current Rents > $2,545 Previous Rents (40% Increase)             - Unit 1 $595 to $750 - Unit 2 $650 to $900(when I move out) - Unit 3 $650 to $1075 - Unit 4 $650 to $900$360k - $400k ARV > $380k x 75% = $285k - $225k = $60k Cash Out?

The no state income tax in Nevada appeals to me vs. high state income tax in California for retirement or semi-retirement.

._____________________________________________________________________________________________________________7/28/24 - UPDATE WITH NEW PICTURES.Hi all, just sharing the update and the experience, we finally after interviewing about 4 different contractors picked the right one so far.

Finally, after both of these have been satisfied, let's start underwriting deals.1.

._____________________________________________________________________________________________________________7/28/24 - UPDATE WITH NEW PICTURES.Hi all, just sharing the update and the experience, we finally after interviewing about 4 different contractors picked the right one so far.

He had great income and a great credit score, she didn't, and I had been vetting potential tenants for a month and a half, and I was finally happy to see someone with good income and credit. 

However since I built the relationship, he allowed me on the property to fix chipped/peeling paint and waited until OCTOBER, which was when I finally got to the closing table.

.), the location, depth, and capacity of utilities to service the site - including public utilities (sanitary, storm and water services), franchised utilities (power, gas, cable), capacity of the local streets to accommodate additional traffic from your development...Be sure to find out if there are any specific local ordinances you need to satisfy (possible tree & wetland surveys, together with any necessary tree & landscape or wetland mitigation plans) and whether there are any concerns from municipal departments (e.g. hydrant locations from the fire department, storm inlet and retention requirements, as well as asphalt / concrete road requirements from the engineer), entrance requirements from the road commission (left turn and passing lanes at the site entrance), etc.Once you get past all this you can finally prepare a preliminary site plan and enter the political arena to get preliminary site plan approval, and to address any concessions the board and neighbors want from you to overcome their objections to your development.

One final comment.